Filing Flows › Enpro (NPO) › Q1 2025
Enpro (NPO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Enpro (NPO) reported revenue of $273M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +6% from the quarter before. Operating margin was 15.3%, net earnings $24.5M (9.0% of revenue).
Enpro, Q1 2025: revenue $273M (+6% year over year), operating margin 15.3%, net earnings $24.5M, operating cash flow $21.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $273M | +6% | +6% |
| Gross profit | $118M | +8% | +11% |
| Operating profit | $41.8M | +30% | +49% |
| Net earnings | $24.5M | +76% | +96% |
| Operating cash flow | $21.0M | -65% | +233% |
| Free cash flow | $11.6M | — | — |
What changed
Revenue was $273.2M in Q1 2025, up 6% year over year and up 6% from the previous quarter. Semiconductors was the largest line at 31% of revenue. Aerospace added $7.4M year over year (up 44%), 47% of the total change. Commercial vehicle declined 10%.
Gross margin was 43.3%, up 2.0 points from a year earlier. Operating profit was $41.8M, a 15.3% margin (up 4.4 points year over year). Of the extra revenue versus a year earlier, 88% reached operating profit, above the 11% margin then. Operating expenses fell 2% while revenue rose 6%. Net earnings were $24.5M, up 96% year over year. The effective tax rate was 24.1%.
Operating cash flow was $21.0M (up 233% year over year), 86% of net earnings. Non-cash charges added back $25.2M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $32.0M. After purchases of property, plant, and equipment ($8.0M) and payments for capitalized internal-use software ($1.4M), free cash flow as the company reports it was $11.6M.
Questions
What was Enpro's revenue in the first quarter 2025?
Enpro (NPO) reported revenue of $273M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +6% from the quarter before.
Was Enpro profitable in the first quarter 2025?
Operating profit was $41.8M (15.3% of revenue) and net earnings $24.5M.
Source: Enpro 10-Q on SEC EDGAR.